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  • Marx's theory on value- a contradiction?

    I am going through capital, volume 1- and I have a problem. Marx states that the value of a commodity is equal to the socially acceptable labour time necessary to produce that commodity. And that the exchange value, or relative value is the menifestation of that particular value in the use- value terms...
    Posted to Political Theory (Forum) by Aayu on Wed, Aug 1 2012
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